current events current affairs of National and international importance for civil services exam, IAS IPS IRS IFS Exams, for all UPSC exams, SSC, PSC, Bank Army Railway exams. National, International, India and world, Indian Economy, Sports, Science and Technology current affairs and events, Quiz Links

Saturday, February 1, 2014

Nepal and India have amended a bilateral transit treaty

Nepal and India have amended a
bilateral transit treaty to facilitate the export of goods from a third country
through India.

only goods of Nepalese origin were allowed to be exported
through India to third countries. The amendment to the "export
procedure" in the Memorandum to the Protocol to the Treaty of Transit of
1999 will facilitate the transit of goods of third country origin exported from
Nepal, said a statement issued on 31-01-2014 by the Indian Embassy in
Kathmandu.

This restriction has now been removed and now goods of
non-Nepalese origin would be allowed transit through India for export to third
countries.

It will also allow the movement of diplomatic cargo exported
from Nepal and transiting through India.